NVR (NYSE: NVR) awards 2,619 stock options to executive chairman

Rhea-AI Filing Summary

NVR, Inc. reported that Executive Chairman Paul C. Saville received a grant of employee stock options covering 2,619 shares of common stock. The options have an exercise price of $5,720.10 per share and expire on May 13, 2036.

These time-based stock options were granted under the NVR, Inc. 2018 Equity Incentive Plan, and Saville’s holdings from this award total 2,619 options following the transaction. He also received an additional grant of performance-based options for an equal number of shares that will vest based on NVR’s return on capital performance during 2026 to 2028, in addition to the same time-based vesting terms.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SAVILLE PAUL C

Role Executive Chairman

Type	Security	Shares	Price	Value
Grant/Award	Employee stock option (right to buy)	2,619	$0.00	--

Holdings After Transaction: Employee stock option (right to buy) — 2,619 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Options granted: 2,619 options Exercise price: $5,720.10 per share Expiration date: May 13, 2036 +3 more

6 metrics

Options granted 2,619 options Employee stock option grant to Executive Chairman Paul C. Saville

Exercise price $5,720.10 per share Strike price of granted employee stock options

Expiration date May 13, 2036 Option expiry for this grant

Underlying shares 2,619 shares Common stock underlying the reported employee stock options

Performance period 2026–2028 Return on capital performance period for related performance-based options

Shares following transaction 2,619 options Total options from this award held after the grant

Key Terms

Employee stock option, NVR, Inc. 2018 Equity Incentive Plan, performance-based options, return on capital performance

4 terms

Employee stock option financial

"Employee stock option (right to buy)"

An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.

NVR, Inc. 2018 Equity Incentive Plan financial

"Time-based stock options granted under NVR, Inc. 2018 Equity Incentive Plan."

performance-based options financial

"Mr. Saville also received performance-based options under the NVR, Inc. 2018 Equity Incentive Plan"

return on capital performance financial

"vesting of the options is based on the Company's return on capital performance during 2026 to 2028."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SAVILLE PAUL C

(Last) (First) (Middle)

11700 PLAZA AMERICA DR.

SUITE 500

(Street)

RESTON VIRGINIA 20190

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NVR INC [ NVR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee stock option (right to buy)	$5,720.1	05/14/2026		A		2,619		12/31/2028	05/13/2036	Common stock	2,619(1)	$0	2,619	D

Explanation of Responses:

1. Time-based stock options granted under NVR, Inc. 2018 Equity Incentive Plan. Mr. Saville also received performance-based options under the NVR, Inc. 2018 Equity Incentive Plan for an equal number of shares. The performance-based options will vest on the same terms as the time-based options, subject to an additional requirement that vesting of the options is based on the Company's return on capital performance during 2026 to 2028.

Remarks:

	Paul C. Saville	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did NVR (NVR) disclose about Paul C. Saville in this Form 4?

NVR disclosed that Executive Chairman Paul C. Saville received a grant of employee stock options for 2,619 shares. These options were issued under the NVR, Inc. 2018 Equity Incentive Plan as part of his equity-based compensation.

How many NVR stock options were granted to Paul C. Saville?

Paul C. Saville was granted employee stock options covering 2,619 shares of NVR common stock. Following this grant, his holdings from this particular option award total 2,619 options, reflecting the full size of the new grant reported.

What is the exercise price of Paul C. Saville’s NVR stock options?

The granted options have an exercise price of $5,720.10 per share. This is the price at which Saville can buy NVR common stock under the option award once the options are vested and exercisable, subject to the plan’s terms.

When do Paul C. Saville’s NVR stock options expire?

The reported employee stock options expire on May 13, 2036. This expiration date indicates how long Saville has to exercise these options, assuming all vesting and plan conditions are met over the life of the grant.

What performance conditions apply to Paul C. Saville’s NVR options?

In addition to time-based stock options, Saville received performance-based options for an equal 2,619 shares. These performance-based options vest on the same schedule but also depend on NVR’s return on capital performance during the years 2026 to 2028.

Under which plan were Paul C. Saville’s NVR options granted?

The options were granted under the NVR, Inc. 2018 Equity Incentive Plan. This plan provides for time-based and performance-based equity awards, including the options granted to Executive Chairman Paul C. Saville as disclosed in the Form 4 filing.